|  |  |  |
| --- | --- | --- |
|   | (B) | the applicable fair market value of the Aircraft (in the event that the Aircraft is sold pursuant to this Article 13.3);  |

  




|  |  |  |
| --- | --- | --- |
|   | (C) | an amount equal to all accrued Impositions and other amounts payable hereunder by Lessee with respect to the Aircraft;  |

  




|  |  |  |
| --- | --- | --- |
|   | (D) | all costs, expenses, losses and damages incurred or sustained by Lessor by reason of Lessee’s default hereunder; and  |

  




|  |  |  |
| --- | --- | --- |
|   | (E) | interest at 1.25 times the prime interest rate charged by Bank of America (New York, N.Y.), on each of the foregoing and on all sums not paid when due under any provision of this
Lease.  |

 If on the date of such termination or repossession the Aircraft has been lost, destroyed, stolen, taken or damaged, or
is subject to any levy, seizure, assignment, imposition, application for sale for or by any creditor or governmental agency, Lessee shall also be liable to Lessor for the amounts specified in Article 10, less the amount of any insurance recovery
received by Lessor in connection therewith. Lessee hereby waives any and all rights to notice and to a judicial hearing with respect to the repossession of the Aircraft by Lessor in the event of a default hereunder by Lessee. Lessee also expressly
waives any damages occasioned by Lessor’s taking of possession of the Aircraft as provided above in Article 13.2. 

  


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